Revenue details Lannett reported revenue of $36.6 million. The two analysts polled by S&P Capital IQ expected to see a top line of $36.1 million on the same basis. GAAP reported sales were 32% higher than the prior-year quarter's $27.7 million.

EPS details EPS came in at $0.10. The two earnings estimates compiled by S&P Capital IQ predicted $0.09 per share. GAAP EPS of $0.10 for Q2 were 400% higher than the prior-year quarter's $0.02 per share.

Looking ahead Next quarter's average estimate for revenue is $33.3 million. On the bottom line, the average EPS estimate is $0.02.

Next year's average estimate for revenue is $140.9 million. The average EPS estimate is $0.23.

Investor sentiment The stock has a three-star rating (out of five) at Motley Fool CAPS, with 77 members out of 86 rating the stock outperform, and nine members rating it underperform. Among 18 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 17 give Lannett a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Lannett is buy, with an average price target of $6.33.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.